TL;DR ZKsync has launched the recently approved Ignite program to promote DeFi liquidity on its network by distributing 325 million ZK tokens. Ignite aims to increase the total value locked (TVL) in the ZKsync ecosystem and reduce slippage in transactions to benefit both traders and liquidity providers.
The ZKsync initiative could revitalize DeFi activity, potentially reversing declining user engagement and transaction volumes across its network. The post ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains appeared first on Crypto Briefing.
Dogecoin's (DOGE) market cap has overtaken XRP and USDC. It is now above both coins in the market.
Circle is making this possible with a system that lets AI agents handle work, payments, and even trade on their own. By combining advanced AI with secure, automated payments on the Circle Developer Platform, Circle is opening doors to a new world.
While many places are dealing with conflict and polarization, the UAE is thriving, attracting top talent from all over the globe. People from finance, tech, media, culinary arts, and more call the UAE home – and now, you can join them with the help of your crypto.
Analysts are predicting further Dogecoin gains after a rare "golden cross" signal.
The Dogecoin network has attracted significant attention from crypto investors since the profound victory of pro-crypto US candidates led by Donald Trump.
If there's one cryptocurrency that benefitted the most from Donald Trump's victory last week, it's the meme coin king Dogecoin (DOGE). With a staggering 92% gain on the weekly chart, DOGE overtakes XRP and USDC as the sixth-largest cryptocurrency with a market cap of $42.3 billion.
Binance introduces a promotional offer for Fixed Rate Loans, giving suppliers up to a 50% yield boost in USDC during the promotion period from November 12 to November 30, 2024.
The leading canine-themed cryptocurrency, Dogecoin (DOGE), today overtook Ripple-promoted XRP and Circle's USDC stablecoin to become the sixth-most valuable crypto in the world. DOGE's upsurge is fueled by positive sentiment around the crypto's endorsement by tech billionaire Elon Musk following Donald Trump's landslide win in the U.S. Presidential elections.
As USDC reaches a 2024 high, looking at reasons for behind growth and its ongoing stablecoin dominance.
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar.
A new milestone less than 2 months after its launch.
Maya is requesting ₱226,000 from a trader who profited after a pricing error let users buy USDC at just ₱1 per token. With accounts restricted and funds withdrawn, affected users are now left with demands and frustration as Maya responds to the glitch.
Binance launches a promotion offering up to 7 days of interest-free loans for users borrowing USDT, FDUSD, or USDC through team formation.
The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov.
A well-known Polymarket trader under the name “zxgngl” has withdrawn an additional $3.1 million USDC to increase his bet on Donald Trump winning the upcoming U.S. elections. This latest wager brings the trader's total withdrawals to an eye-popping $17.3 million USDC since October 11, further cementing his commitment to a Trump victory.
Circle advances its expansion into Hong Kong to position USDC at the forefront of Asia's digital finance landscape, aligning with upcoming IPO plans and new stablecoin regulations. The post USDC Issuer Circle Outlines Expansion into Hong Kong, Readies for Public Listing appeared first on Cryptonews.
Circle, the issuer of the second-largest stablecoin USDC has now declared its intentions to expand into the Asian market just as it gears for its IPO plans. The company is now eyeing an expansion into Hong Kong, amid plans for the region to become Asia's crypto hub.
USDC issuer Circle sees Hong Kong as an important market and intends to expand there.
In a bold expansion, Donald Trump's crypto venture, World Liberty Financial (WLFI), is reportedly planning to develop its own stablecoin—a USD-backed digital asset aimed at creating stability in the volatile crypto space.
Stablecoins are an important part of the cryptocurrency economy and the decentralized finance (DeFi) ecosystem, currently dominated by two corporations. One of them, Circle's USDC, raised its redemption fees for the second time in 2024, driving demand for stablecoin alternatives.
Circle, società emittente di USDC, has just announced a change in the fees for the redeem of the stablecoin.
Prediction market platform Kalshi introduced USD Coin (USDC) deposits in preparation for the U.S. elections.
The fee structure revision primarily affects institutional investors and high-volume traders.
Kalshi, a CFTC-regulated prediction market, has partnered with crypto platform Zero Hash to streamline account funding using USDC. Zero Hash and Kalshi Collaborate on New Account Funding Solution Kalshi, a prediction market regulated by the Commodity Futures Trading Commission (CFTC), is collaborating with Zero Hash to offer streamlined account funding for its users.
Kalshi, a Commodity Futures Trading Commission-regulated exchange, has announced a partnership with stablecoin infrastructure platform Zero Hash.
Bitrefill, a leading company in the crypto e-commerce world, has just announced the integration of the stablecoin USDC on the Solana network.
Explore the key differences and similarities between USDT, USDC, and FDUSD stablecoins, their market impact, and why BNB Chain is the ideal platform for these digital assets.
Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.
Circle progresses toward IPO with strong financials and growing stablecoin market presence, while awaiting regulatory developments and SEC approval.
Tokenization is poised to revolutionize industries such as finance, commodities, intellectual property, and real estate by converting asset rights into digital tokens on blockchain platforms. This transformation is expected to create a market worth up to $16 trillion by 2030.
The City of Buenos Aires has announced a new collaboration with ZKSync, allowing 3.6 million citizens to use blockchain technology for their digital identity. Over 60 documents are accessible through this platform.
Binance Academy launches a new initiative rewarding verified users who complete its beginner track courses with a share of $12,000 USDC in token vouchers and NFT certificates.
TL;DR Seamless Crypto Spending: The Avalanche Visa Card allows users to spend cryptocurrencies like WAVAX, USDC, and sAVAX at any Visa-accepting merchant, with real-time crypto-to-fiat conversion. Advanced Security: Features include multi-factor authentication, biometric verification, spend alerts, and the ability to freeze the card or change the PIN, ensuring user funds and information are protected.
Binance Futures announces updates to its Taker Program, offering up to 20% discounts on USDT and USDC-margined contracts starting October 29, 2024, based on trading volume criteria.
Binance has completed the conversion of several token balances to USDC, affecting users' holdings based on a snapshot taken in April 2024.
A prominent whale has withdrawn an additional $2 million USDC from Binance to purchase more GOAT tokens.
A crypto whale withdrew $2M USDC from Binance to purchase GOAT, sparking market curiosity.
Stablecoins have achieved several milestones since the beginning of the year, hitting a new high of $172 billion in market capitalization.
BlackRock is set to challenge USDT and USDC's dominance with its new proposal for crypto exchanges to adopt its BUIDL token as collateral on the derivatives market. This forms part of the world's asset manager's move to gain a greater hold of the crypto market, seeing as it already holds a significant amount of bitcoins
Radiant Capital, a decentralized finance (DeFi) lender, reported a significant security breach across multiple blockchain networks, resulting in substantial financial losses. On Wednesday, unidentified attackers exploited vulnerabilities in Radiant's blockchain contracts on both the Binance Smart Chain (BSC) and Arbitrum platforms.
Zero Hash processed $18.68 million in USDC to USD conversions for BlackRock's $500 million tokenized fund (BUIDL) in its first 24 hours
Securitize, the platform for tokenizing real-world assets, has integrated Zero Hash to allow qualified investors to easily subscribe to BlackRock's tokenized fund via the USDC stablecoin.
The integration aims to reduce investment costs and ease the subscription process for traditional players investing in BlackRock's BUIDL.
OKX expands USDC support with six new trading pairs, enhancing stablecoin liquidity and promoting its growing role in the digital asset ecosystem.
Cryptocurrency spot and derivatives exchange OKX is rolling out new trading pairs for the dollar-pegged USDC, the second-largest stablecoin by market cap. In a statement, the Seychelles-based exchange says it is going to introduce six new spot trading pairs for USDC on Monday.